Management

William (Bill) Reid
President, CEO and Director

David Reid
Vice President of Exploration and Director

Jose (Pepe) Perez Reynoso
Manager of Mexican Operations

Jason Reid
Vice President of Corporate Development

Monty Jennings
CFO

Bill M. Conrad
Director

Background

Gold Resource Corporation was founded by Bill and David Reid.

The focus of GRC is to establish profitable gold and silver production, and management believes its experience at building mines from their previous company, U.S. Gold Corporation, strengthens Gold Resource Corporation's prospects for success.

The Reids co-founded U.S. Gold Corporation (USGL), and ran the company since its inception in 1977 until August of 2005. During the 28 years USGL operated under the Reid's management, the company built or participated in 6 producing mines. Below are pictures of the mines of USGL during management of the Reids.

In July 2005 the Reid's engaged Mr. Rob McEwen, one of the most successful mining entrepreneurs of this era, to buy controlling interest in USGL. Mr. McEwen purchased 33% in USGL and became the company's largest shareholder. Mr. McEwen also assumed the management of USGL, which allowed the Reid's to depart the company and focus their attention on Gold Resource Corporation.

Bill Reid received a Bachelor of Science degree in physics in 1970 and a Master's in Economic Geology in 1972, both from Purdue University.

David Reid received a Bachelor of Science degree in geology from Ball State University in 1972.

Mr. Perez, a Mexican national, has been a consulting geologist for the mining industry, and has operated his own mines in Mexico. He received an undergraduate degree in geology and engineering in 1974 and a Master's degree in economic geology in 1979 from the National University of Mexico.

Jason Reid serves as Vice President of Corporate Development. Having previously run his own successful businesses for over 13 years he is responsible for company growth strategies, retail and institutional marketing, capital raises and investor relations programs.

Jason received a Bachelor of Science degree in Anthropology/Archeology from Fort Lewis College, Durango, Colorado.

Monty Jennings serves as the Chief Financial Officer of Gold Resource Corporation and is responsible for maintaining the company's system of controls over accounting and financial reporting.

Mr. Jennings began his career with Coopers & Lybrand (now PriceWaterhouseCoopers) in Texas where he specialized in the extractive and energy sectors. He was instrumental in developing generally accepted accounting principles now used by royalty trusts. For the past 10 years, he has served as an executive officer and director of several public companies, including American Educational Products, Global Casinos and OnSource. His area of expertise has expanded to include mergers, acquisitions and other strategic growth opportunities.

His past experience in the non-profit sector includes service as the President of The Family Extension, a child welfare organization committed to "at-risk" youth and stints as an instructor in various accounting matters, including corporate income taxation and financial reporting.

Monty received his Bachelor of Arts in economics from Austin College and his Masters in Finance from Indiana University.

Bill M. Conrad currently serves as a Director of Gold Resource Corporation. He also serves as Vice President, Chief Financial Officer and Director of MCM Capital Management, Inc., a privately held financial and management consulting firm. MCM assists other companies in developing and implementing their business plans and capital formation strategies.

Mr. Conrad also is Vice President, Chief Financial Officer and director of Blue Star Energy, Inc., a privately held oil and gas company. Mr. Conrad has held executive management positions with several public companies during the past 15 years, including Wyoming Oil & Minerals, Inc.; New Frontier Energy, Inc.; Gold Capital Corporation; Wall Street Racing Stables, Inc., and Consolidated Capital of NA, Inc. Mr. Conrad's duties with these companies was primarily focused on the areas of financial management and corporate development.